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Carl's Jr. 2750 W Thomas Rd

4,361 SF Retail Building Phoenix, AZ 85017 $2,719,462 CAD ($624 CAD/SF) 6.25% Cap Rate

Retail Buildings Arizona Phoenix 2750 W Thomas Rd, Phoenix, AZ 85017

Investment Highlights

  • Absolute Triple Net Lease – Tenant is responsible for the direct payment of all taxes, insurance, and common area maintenance
  • Strong Guarantee – The lease is guaranteed by StarCorp, LLC, the third largest Hardee’s/Carl’s Jr franchisee in the nation operating ±150 units
  • Strong Real Estate Fundamentals – The property is extremely well located for a drive-thru restaurant with strong visibility, access
  • Healthy Market Rent – At $25/SF, the tenant’s rent and occupancy costs are in line with market.
  • Phoenix MSA – Phoenix is one of the largest and most attractive real estate markets in the United States, currently experiencing rapid growth
  • Phoenix Commerce Center – The property sits as the only outparcel to the Phoenix Commerce strip center which boasts strong occupancy

Executive Summary

Broker of Record
Simon Assaf
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,361 SF
Building Class
B
Year Built/Renovated
1984/2006
Price
$2,719,462 CAD
Price Per SF
$624 CAD
Cap Rate
6.25%
NOI
$169,966 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Land Acres
0.76 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-2, Phoenix
Parking
48 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
215 ft on W Thompson Rd

Links

1 of 1

PROPERTY TAXES

Parcel Number 108-06-005E Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $197,683 CAD

PROPERTY TAXES

Parcel Number
108-06-005E
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$197,683 CAD
(909) 800-7139

  • Listing ID: 33551564

  • Date on Market: 2024-10-17

  • Last Updated:

  • Address: 2750 W Thomas Rd, Phoenix, AZ 85017

The Retail Property at 2750 W Thomas Rd, Phoenix, AZ 85017 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Carl's Jr. | 2750 W Thomas Rd
(909) 800-7139 x

Carl's Jr. | 2750 W Thomas Rd

Simon Assaf

(909) 800-7139

(909) 800-7139

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